825 N Drake Avenue
Chicago, IL, 60651
$525,000
4 Beds
2 Baths
0 SqFt
0 Acres
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$525,000
825 N Drake Avenue
Chicago, IL, 60651
MLS #MRD12624394 image #0MLS #MRD12624394 image #1
Highly anticipated new construction 2-unit building coming soon for owner occupants only! Each unit features 2BD and 1Bath, thoughtfully designed for modern living and long-term value. This all-electric property offers energy efficiency and lower utility complexity, ideal for today’s homeowners. Perfect for owner-occupants, this is a rare opportunity to live in one unit while generating rental income from the other-an excellent pathway to building generational wealth. Take advantage of exclusive pre-sale opportunities, including the ability to customize select finishes. Qualified buyers may also receive up to $95K in down payment assistance, making homeownership more accessible than ever. Buyers can submit a complete application to be considered for pre-sale and customization options. Must use Developers contract, 2 separate grant applications for DPA, must meet HUD AMI guidelines for second grant eligibility, all buyers receive $20K from Cook County Land Bank.

Property Details

Price:
$525,000
MLS #:
MRD12624394
Status:
Active
Beds:
4
Baths:
2
Type:
Multi Family
Neighborhood:
chihumboldtpark
Listed Date:
Apr 20, 2026
Year Built:
2026
NewconstructionChi – Humboldt ParkChihumboldtpark

Schools

School District:
299

Interior

Heating
Electric

Exterior

Construction Materials
Vinyl Siding, Fiber Cement, Combination
New Construction YN
1
Parking Features
Alley Access, Yes, Owned
Parking Spots
2
Parking Total
2

Financial

Tax Year
2023
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Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.

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Current real estate data for Multi Family in Chicago as of Jun 20, 2026
1,404
Multi Family Listed
80
Avg DOM
$531,102
Avg List Price

Community

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Property Summary

    825 N Drake Avenue Chicago IL is a Multi Family for sale in Chicago, IL, 60651. It is listed for $525,000 To schedule a showing of MLS#mrd12624394 at 825 N Drake Avenue in Chicago, IL, contact your Compass | Debra Dobbs | The Dobbs Group agent at 3123074909.
825 N Drake Avenue
Chicago, IL